Southeast Texas Economic Development Foundation
The Southeast Texas Economic Development Foundation, an economic development organization comprised of the Texas counties of Jefferson, Orange, and Hardin, recognized the need to showcase the attributes of this region in a comprehensive, united fashion. Economic development professionals and stakeholders have joined forces to identify this region as a significant contributor to the economy of not only the State of Texas, but to the United States and the world.
Southeast Texas has a long history of stimulating growth with regional economic development efforts throughout Jefferson, Hardin and Orange County. Realizing a need to refocus regional economic development efforts, the SETEDF Board of Director's approved the concept of providing regional economic development services under the umbrella of SETEDF. A steering committee was formed to include economic developers in Jefferson, Hardin and Orange Counties in the process.
SETEDF is a non-profit development corporation that was formed in 1984 to assist small businesses in the region with long-term financing for real estate acquisitions, construction and equipment purchases. Its loan program, marketed under the name SBAlliance Capital, is a dba for SETEDF's certified development corporation that processes, closes and services small business loans. It is licensed by the Small Business Administration (SBA) to offer the SBA 504 loan program. SETEDF is governed by a Board of Directors made up of local business and community leaders in Hardin, Jefferson and Orange Counties.
Goal of SETEDF:
"Provide regional economic development services to ensure long term growth and development for the region of Southeast Texas and the State of Texas by retaining and maximizing employment while increasing community income."
Visit www.setedf.org today to learn more.